https://www.taxtmi.com/caselaws?id=465196 HC, dealing with a money-laundering matter, considered a petition seeking release of immovable properties provisionally attached and de-freezing of a fixed deposit. Referring to the binding precedent that permitted lifting of attachment upon securing the alleged amount through a financial instrument, HC held that the attached properties could be released upon adequate monetary safeguard. Noting that the value of the attached property was Rs. 25,66,462/- as per Schedule "C" of the Provisional Attachment Order, HC directed the respondent to release the Schedule "C" properties subject to petitioner depositing the said amount with the respondent. en-us Thu, 12 Jun 2025 00:00:00 +0530 Wed, 10 Dec 2025 19:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465196 HC, dealing with a money-laundering matter, considered a petition seeking release of immovable properties provisionally attached and de-freezing of a fixed deposit. Referring to the binding precedent that permitted lifting of attachment upon securing the alleged amount through a financial instrument, HC held that the attached properties could be released upon adequate monetary safeguard. Noting that the value of the attached property was Rs. 25,66,462/- as per Schedule "C" of the Provisional Attachment Order, HC directed the respondent to release the Schedule "C" properties subject to petitioner depositing the said amount with the respondent. Case-Laws Money Laundering Thu, 12 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465196